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joining me for todays options in sinus max briar you seem senior equity derivatives trader at Capital and of course you like everyone else has been watching the situation in Europe and weve also been watching an interesting move in the euro today our Hans Nichols has been mapping that out from Europe an upward move in the euro is there finally some optimism here that theres optimism weather is well-founded optimism is another question I mean the trend in the euro is downward its getting its bid today on the back of some hopes that ideal will be struck by this friday as you know big debt repayments due this friday to the IMF but theres no real hard evidence that that theyre getting closer to a deal there i think theyve submitted separate proposals for a set of reforms so its all speculation at this point and the big strength in the euro is again built on that speculation and so you have a trade that actually is a bearish one on the Earl because you dont think that this strength